Spectra Energy Corp.’s Texas Eastern Transmission LP is holding a binding open season through Dec. 1 for TEAM 2012, a proposed expansion of its system to deliver Appalachian and Marcellus Shale gas to the Northeast.

TEAM 2012 would target a capacity expansion of 300 MMcf/d, with an estimated fourth quarter 2012 in service. It would provide the opportunity to nominate transportation services from multiple existing and proposed receipt points on the Texas Eastern system within the Appalachian and Marcellus Shale production regions to delivery points in Texas Eastern’s market area.

The company recently announced it signed a binding agreement for a minimum of 150 MMcf/d of firm capacity with an affiliate of Range Resources Corp. as part of TEAM 2012 (see Daily GPI, Nov. 17).

For information, contact Bob Riga at (412) 928-3654 or Sean Foley at (617) 560-1359. Information also is at www.spectraenergy.com.

Texas Eastern said it will hold another open season for the next TEAM Expansion Project to be announced later this month. TEAM 2013, with an estimated late 2013 in-service, would target a capacity expansion of 500 MMcf/d.

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